Did you stop posting videos from wall streets bets sub Reddit? Personally I don’t mind the change in content but it will be nice to do these once in a while since these types of videos brings a boat load of views on this Channel.
It's not a bail out for executives like the politicians Wall Street elects gave themselves in America in 2008. The state isn't bailing out the companies. They're bailing out workers and homebuyers. That's a lot better for everyone except the investors and bondholders in the private developers.
That's what they say, but that's not necessarily reality. There's homeless people in china that the state ignores. Sometimes it was the state that made them homeless
This is a big issue with real estate companies and property in general. They will chase profits and overbuild during good years, assuming it will last forever, then the market gets severely over saturated, and they need bailed out. Basic economic knowledge should warn them of impending doom, but the execs don't care, always chasing next quarters numbers.
@@JohnDoe33408 Unfortunately many of these buildings are poorly constructed and are falling apart before five years passes... They are building buildings to sell as a property, not to live in... They are playing Monopoly with poorly build buildings...
@@ronclark9724 you are correct, but since profit is made and government bail them out, they will continue to play with public money. It's a game where it's tail: I win, head: you lose. Banks does it too in the US.
There is an excellent book on the topic titled: "The Skyscaper Curse" by Mark Thornton. He covers how large record breaker skyscraper construction projects correlate with economic booms and following busts.
This is a byproduct of allowing private property. You build economic contradictions into the system. The answer is to eliminate private property and remove the anarchy of the market
I like it a lot, but I'm not sure if I'm ready to take that next step. Don't get me wrong it's great, we like the same things, but I'm afraid to be hurt again. Love is such a strong word you know.
The Chinese government can't resuscitate the domestic real estate market. China's economy is in recession so ever fewer people can afford to buy real estate. Another problem is that current home owners have lost their jobs, so they can no longer afford to pay their mortgages, which are now worth more than the sale price of their homes. Also, buying real estate was the primary means of investing one's savings. Who will invest in real estate during a period of falling real estate prices?
the major problem is that the real estate industry is basically 2006 on steroids. at least in the 08 crash it was individuals flipping houses after renovating but in china it was seen as a net negative to renovate so a lot of building are empty and unsellable after being massively depreciated. added on that the main reason why its expensive is because it is from the land sale
The biggest problem is that these houses and apartments are so poorly constructed that they would be worthless anywhere else. Many were never sold or lived in and are already falling apart. It's not just economic conditions. The fundamental assets are deeply flawed.
The only thing i know so far about Evergrande (the largest real estate company in China) is that it is in debt to the tune of $310billion. Which banks it owes much of these money too is still in doubt. If over 70, 80 or 90% is to the Chinese govt banks, then the govt is entitled to almost all its assets without a bail out. Any foriegn bank it owes money to including its shareholders will have to be compensated by the $$$billions in liquid assets and fixed assets which belongs to the founders. If they refuse to pay they go to jail, it is really that simple...
Corporations buy their own stocks by creating bonds to sell to Federal Reserve which creates new dollars to buy bonds. Federal Reserve has no limit on how many dollars it creates.
Yeah, Mehrdad, you gotta love having long commercials in the middle of the program. I sure hope every program gets lots of commercials for you to watch. Maybe even an all-commercial channel. You'd be in German heaven.
Forced? China cannot be forced to bail out tax paying entities, as subsidiaries are records of taxes paid, attested by the private and public sectors. Chinese companies knows taxation for more than a thousand year. Cannot bribe tax payers, nor the government won't bribe entities that are compliant with taxation. 2022 onwards.
China is in big trouble and this is looking to be many times worse than the 2008 crisis. Homeowners are holding on to the most overpriced apartments in the world as relative to their income. Investors will pull out leaving prices dropping and less buildings being built. The bailout only address the outstanding buildings owed, not overpriced or the corruption
It's a good way to close the gap between the rich and the poor. Many own more than 5 or even 10 apartments because in the past it had better returns than running real business. It's another way to park their money. Many are buying for their children as they need it when they get married.
China's property sector is already in default on dollar bonds with more due in 2022-23. Still don't see how suppliers or workers are going to get paid. Or are all injured parties being required to give a deep discount to EverGrande on wages and supplies. The pace of 39,000 apartments/month delivered on 1.6 million seems more hype than reality. With workers/suppliers only getting part of what they are owed there is no way meets that ambitious goal. Tofu apartment anyone?
Govt trying to use words to stabilize the situation. They censor the media and use police to surround the protesters. If words don't get out and using media to fool people might believe everything's under control. For the govt, tofu apartments are ok as long as the projects are finished, people become confident that govt will bail them out and it's safe to keep buying property.
This is why foreign investment in China is on the decline.. Investors realize that they will be the last to see payback on investments in the event of the bubble bursting, as it is critical to the government to first satisfy local debt concerns so as to not create any social/political imbalance that would threaten the legitimacy of the current regime.
It needs infrastructure. Empty homes are empty because the infrastructure to make these homes habitable, finished, or even having consistent utilities is faltering.
Bonds from Chinese companies and government agencies are notorious for being defaulted. Why anyone would consider investing in Chinese backed investments is beyond me.
I still remember the 1998 s.e asean crisis. China is massively underplaying the damage of a property. Bubble. Evergrande probably had some funny business inside.
It is not the attitude nor character of China to bail out or Bribe companies, tax payers are tax payers and SUBSIDIES are not bail outs. Evergrande already made numerous completion projects and is into completion of the projects that is to complete the whole remaining projects, since BRIBE Money is from Criminals and all sorts of unethical standards. It is commendable to the Chinese Government that these Bail outs and NUMEROUS abusers are PUNISHED, since BAIL OUTS are added poverty to any country for it is not commensurate to GDP growth and preservation. SMEs....
Can you do a video on KE Holdings? The Muddy Waters Report last month made it seem like the "Chinese Zillow" was on the same level of fraud as Luckin Coffee, and ties in perfectly with this real estate scandal.
Those middle income economy sized bond payments are not going to be easy to make. The high speed rail is eating up stacks of money. They're going to have to dip into their sovereign wealth fund.
Love your channel! I would really like to see candlestick stock charts from real brokers though haha not just the line chart from Google. I know this isn’t a technical analysis channel but I think it would help a lot to see the little details
Y'know, this looks like an interesting and informative channel, but when I see the "masterworks" blatant grift, I simply can't trust it. At all. I'd be surprised if I'm alone, because the scam looks so obviously ridiculous, silly. It's NFT's squared.
But he has to get paid, so I just ignore them, Him making a living, is why I personally tolerate them, I know how much work it takes for him to make these video's, so sponsor away
i like how they threw the crook in jail for life. of course, they're all crooks, but at least that's one guy gone. i can think of at least two americans right this moment awaiting sentencing who should go to jail for life or near to it, but will only wind up with several years.
Bring on the global depression. I pray for it. The people who produce to consume and work hard keep getting robbed. No more bailouts. Crash the global financial system. I can only dream. I will load puts if it starts happening lol.
The financial market has been a really tough one this past months, but I watched an interview on CNBC where the anchor kept mentioning "...STACEY MIRIAM ...". This prompted me to get in touch with her, and from October 2021 till now we have been working together, and I can now boast of $540k in my trading portfolio
@Chris Sain I earned more this last because I have been investing while working at the same time. I invested through Mrs Stacey Miriam, same woman that the anchor kept mentioning on CNBC, and made multiple of my start up capital within three months . She lives here in the USA and she is licensed.
I love her insights and innovative approach to how her ETF’s are run. So different from the stale methods of managers I’ve worked with in the past. She will continue to do well and I will continue to listen to her more. You can just put her name on google and you will be directed to her website and drop her your messages.
During a Greater Depression wipeout, it will be many years or even a decade before you get back to even. We are headed for a Greater Depression crash perhaps by 2023ish or so. Don’t get wiped out. invest wisely
BTW, Homme Assis, or "Homey's a sis", as you say it means Seated Man and is pronounced (as close as I can phonetically write it) "Um Ah-si". Lift your head up once in a while.
The malaise is starting to force the C.C.P. to "manage" the story? I am watching gold for the real story of forced household liquidations? Notice the long lines for testing and not so much for recovery of wealth management product money?
I hate Rap but that just makes me want to dance like St Vitas lol. Perhaps you could mention about the largest real estate company in China (Vanke) almost going bankrupt. But getting bailed out by the CCP unlike Evergrande and Country Garden who got liquidated.
Compared to your work, bad job. What you have done is quite astounding. You are pushing content. If that's what you have to do, I get it. Also, your tone changed in relation to china. What do you say.
Make sure to check out Masterworks, the only platform allowing ordinary investors to invest in blue-chip art: masterworks.art/wallstreet
Did you stop posting videos from wall streets bets sub Reddit? Personally I don’t mind the change in content but it will be nice to do these once in a while since these types of videos brings a boat load of views on this Channel.
I love this channel as much as I boycott china!
@@Pain-nw7gv allow the man/channel to evolve. This is better content than anything I’ve ever seen on that subreddit.
Ppp
"Blue Chip Art" please define what the f this is lmao. Such a scam.
It's not a bail out for executives like the politicians Wall Street elects gave themselves in America in 2008. The state isn't bailing out the companies. They're bailing out workers and homebuyers. That's a lot better for everyone except the investors and bondholders in the private developers.
wrong. You really think the executives stopped being paid the millions in salaries during this crisis? Are they going to come to work for free?
@@nickvdk11 it's china man, you do as your told or u disappear
That's what they say, but that's not necessarily reality. There's homeless people in china that the state ignores. Sometimes it was the state that made them homeless
@@CalebJWebb he doesn't need to "secure" another term lmao
This is literally what the US government did to GM and AIG.
This is a big issue with real estate companies and property in general. They will chase profits and overbuild during good years, assuming it will last forever, then the market gets severely over saturated, and they need bailed out. Basic economic knowledge should warn them of impending doom, but the execs don't care, always chasing next quarters numbers.
But that's the key. They always get bailed out, so they don't care.
@@JohnDoe33408 Unfortunately many of these buildings are poorly constructed and are falling apart before five years passes... They are building buildings to sell as a property, not to live in... They are playing Monopoly with poorly build buildings...
@@ronclark9724 you are correct, but since profit is made and government bail them out, they will continue to play with public money. It's a game where it's tail: I win, head: you lose.
Banks does it too in the US.
There is an excellent book on the topic titled: "The Skyscaper Curse" by Mark Thornton. He covers how large record breaker skyscraper construction projects correlate with economic booms and following busts.
This is a byproduct of allowing private property. You build economic contradictions into the system. The answer is to eliminate private property and remove the anarchy of the market
Who else loves this channel?
I'm with you
Me
Me
My top 3 honestly
I like it a lot, but I'm not sure if I'm ready to take that next step. Don't get me wrong it's great, we like the same things, but I'm afraid to be hurt again. Love is such a strong word you know.
Isn't the art market just rich people boosting eachother?
Whenever I think of investing in art, I picture people laundering money, lol
Its just money laundering and tax evasion.
The Chinese government can't resuscitate the domestic real estate market. China's economy is in recession so ever fewer people can afford to buy real estate. Another problem is that current home owners have lost their jobs, so they can no longer afford to pay their mortgages, which are now worth more than the sale price of their homes. Also, buying real estate was the primary means of investing one's savings. Who will invest in real estate during a period of falling real estate prices?
the major problem is that the real estate industry is basically 2006 on steroids. at least in the 08 crash it was individuals flipping houses after renovating but in china it was seen as a net negative to renovate so a lot of building are empty and unsellable after being massively depreciated. added on that the main reason why its expensive is because it is from the land sale
If the Chinese economy is in recession then the world would love to be in this "recession"mate
Shouldn’t call them home owners. They are leasers. You can’t own a home there. Just very long leases.
The biggest problem is that these houses and apartments are so poorly constructed that they would be worthless anywhere else. Many were never sold or lived in and are already falling apart. It's not just economic conditions. The fundamental assets are deeply flawed.
*Who will invest in real estate during a period of falling real estate prices? That's too easy, George Soros.*
I can’t imagine much profit being left on the bone when taking over an unfinished project.
The only thing i know so far about Evergrande (the largest real estate company in China) is that it is in debt to the tune of $310billion. Which banks it owes much of these money too is still in doubt. If over 70, 80 or 90% is to the Chinese govt banks, then the govt is entitled to almost all its assets without a bail out. Any foriegn bank it owes money to including its shareholders will have to be compensated by the $$$billions in liquid assets and fixed assets which belongs to the founders. If they refuse to pay they go to jail, it is really that simple...
Anything is rarely simple especially in China
You can put them to jail but good luck in finding them.
They won't pay foreign investment and will not be penalized for it , simple if you invested in this shit hole you deserve all of it and some
Lol at saying art is one of the most stable assets around.
Come on man.
Why is stocks at an all time high when we need a bailout????
Because it's contained within China. Hang Seng dropped substantially.
Our stocks are at an all time high because of massive inflation. The US is also in an economic bubble
@@dmtree bro what?
Corporations buy their own stocks by creating bonds to sell to Federal Reserve which creates new dollars to buy bonds. Federal Reserve has no limit on how many dollars it creates.
Investments moved back home.
at least they put workers above shareholders
Im so happy for you getting your first sponsorship! Greetings from germany
Yeah, Mehrdad, you gotta love having long commercials in the middle of the program. I sure hope every program gets lots of commercials for you to watch. Maybe even an all-commercial channel. You'd be in German heaven.
Forced? China cannot be forced to bail out tax paying entities, as subsidiaries are records of taxes paid, attested by the private and public sectors. Chinese companies knows taxation for more than a thousand year. Cannot bribe tax payers, nor the government won't bribe entities that are compliant with taxation. 2022 onwards.
Loving the content man
Not surprised by this too many people in the real estate sector
that intro fuego
China is in big trouble and this is looking to be many times worse than the 2008 crisis. Homeowners are holding on to the most overpriced apartments in the world as relative to their income. Investors will pull out leaving prices dropping and less buildings being built. The bailout only address the outstanding buildings owed, not overpriced or the corruption
It's a good way to close the gap between the rich and the poor. Many own more than 5 or even 10 apartments because in the past it had better returns than running real business. It's another way to park their money. Many are buying for their children as they need it when they get married.
China's property sector is already in default on dollar bonds with more due in 2022-23. Still don't see how suppliers or workers are going to get paid. Or are all injured parties being required to give a deep discount to EverGrande on wages and supplies. The pace of 39,000 apartments/month delivered on 1.6 million seems more hype than reality. With workers/suppliers only getting part of what they are owed there is no way meets that ambitious goal. Tofu apartment anyone?
Govt trying to use words to stabilize the situation. They censor the media and use police to surround the protesters. If words don't get out and using media to fool people might believe everything's under control. For the govt, tofu apartments are ok as long as the projects are finished, people become confident that govt will bail them out and it's safe to keep buying property.
@@johdo9953 with 65(?) million of vacant apartments? It's a ponzie scheme and the sector is dead for decades to come.
Xu Jaijin better learn to fly in case he gets a friendly push when looking out of a window...
The Evergrande founder is a friend of Xi so he will be saved from the Concentration Camps.
This is why foreign investment in China is on the decline.. Investors realize that they will be the last to see payback on investments in the event of the bubble bursting, as it is critical to the government to first satisfy local debt concerns so as to not create any social/political imbalance that would threaten the legitimacy of the current regime.
It needs infrastructure. Empty homes are empty because the infrastructure to make these homes habitable, finished, or even having consistent utilities is faltering.
If this is true it would be like closing the gate after the horse has bolted lol
Bonds from Chinese companies and government agencies are notorious for being defaulted. Why anyone would consider investing in Chinese backed investments is beyond me.
If they want to please workers, just give them free homes
again, great analysis and presentation of facts.
Local government is majority owner of a failing business. What could go wrong?
I still remember the 1998 s.e asean crisis.
China is massively underplaying the damage of a property. Bubble.
Evergrande probably had some funny business inside.
It is not the attitude nor character of China to bail out or Bribe companies, tax payers are tax payers and SUBSIDIES are not bail outs. Evergrande already made numerous completion projects and is into completion of the projects that is to complete the whole remaining projects, since BRIBE Money is from Criminals and all sorts of unethical standards. It is commendable to the Chinese Government that these Bail outs and NUMEROUS abusers are PUNISHED, since BAIL OUTS are added poverty to any country for it is not commensurate to GDP growth and preservation. SMEs....
Can you do a video on KE Holdings? The Muddy Waters Report last month made it seem like the "Chinese Zillow" was on the same level of fraud as Luckin Coffee, and ties in perfectly with this real estate scandal.
Those middle income economy sized bond payments are not going to be easy to make. The high speed rail is eating up stacks of money. They're going to have to dip into their sovereign wealth fund.
Love your channel! I would really like to see candlestick stock charts from real brokers though haha not just the line chart from Google.
I know this isn’t a technical analysis channel but I think it would help a lot to see the little details
Y'know, this looks like an interesting and informative channel, but when I see the "masterworks" blatant grift, I simply can't trust it. At all. I'd be surprised if I'm alone, because the scam looks so obviously ridiculous, silly. It's NFT's squared.
$KWEB s going to be rocketing this year!!!
Sounds like a grande problem
I like your videos, not your sponsors
agreed
But he has to get paid, so I just ignore them, Him making a living, is why I personally tolerate them, I know how much work it takes for him to make these video's, so sponsor away
They could be much worse lol, it is a novel idea
Do you have a website?
I love ur vids bug hate your ads.
Didn’t think they’d actually do it
You need a better mic or filtering. The sound quality from the video is very rough
i like how they threw the crook in jail for life. of course, they're all crooks, but at least that's one guy gone. i can think of at least two americans right this moment awaiting sentencing who should go to jail for life or near to it, but will only wind up with several years.
I am stunned to see so many gold bars, it's like what you see in the movies, but that's China so we are not surprised.
Bring on the global depression.
I pray for it. The people who produce to consume and work hard keep getting robbed. No more bailouts. Crash the global financial system.
I can only dream. I will load puts if it starts happening lol.
You will be the first to starve
Yeah.... nobody is getting their $197 billion back
It should mitigate serious damage but that crash train already left the station.
Please continue to follow this story very interesting
Evergrande is going to be the AIG LEHMAN combined
Love the intro!
Safe and starving could be Lady Liberty.
Please bring back the wall st bets wins and losses 🙏🙏🙏
Buy Evergrande !!!!
The financial market has been a really tough one this past months, but I watched an interview on CNBC where the anchor kept mentioning "...STACEY MIRIAM ...". This prompted me to get in touch with her, and from October 2021 till now we have been working together, and I can now boast of $540k in my trading portfolio
@Chris Sain I earned more this last because I have been investing while working at the same time. I invested through Mrs Stacey Miriam, same woman that the anchor kept mentioning on CNBC, and made multiple of my start up capital within three months . She lives here in the USA and she is licensed.
@Hoshi Fuyo ①⑦⑧⑥⑧⑥⑨⑦③⑤⑨
I love her insights and innovative approach to how her ETF’s are run. So different from the stale methods of managers I’ve worked with in the past. She will continue to do well and I will continue to listen to her more. You can just put her name on google and you will be directed to her website and drop her your messages.
During a Greater Depression wipeout, it will be many years or even a decade before you get back to even. We are headed for a Greater Depression crash perhaps by 2023ish or so. Don’t get wiped out. invest wisely
*Most* *people* *think....* *Investing* *in*crypto* *is* *all* *about* *buying* *coins* *and* *holding,* *till* *it* *rises,* 🙅 *come* *on* *it* *takes* *much* *analysis* *to* *be* *a* *successful* *crypto* *trader.*
*I've* *made* *$16,000* *in* *two* *weeks* *of* *trade.*
Why not, China can print their own money (This is cake walk for them).
i love u and ur channel
BTW, Homme Assis, or "Homey's a sis", as you say it means Seated Man and is pronounced (as close as I can phonetically write it) "Um Ah-si". Lift your head up once in a while.
The malaise is starting to force the C.C.P. to "manage" the story?
I am watching gold for the real story of forced household liquidations?
Notice the long lines for testing and not so much for recovery of wealth management product money?
0:50 - Star Trek symbol on the left building. fitting seeing how in that future, Earth becomes a communist society without class distinctions & money.
I lived near Ellis something.
Love it when they divert mid video to sell an ad . Quick way to lose a sub
Could you please buy a decent microphone for 60 bucks?
Pooh finally bowed down to capitalism.
When will BlackRock fail?
Obviously it was gonna get bailed out. If just once I would put my money where my mouth is I would be sittin pretty 😂
Nice…
Quick everyone, surprised faces!
Print money to infinity
wtf is homie assist
Just a way to silently nationalize companies
My aunt is funny. =)
So that is why I..
[dance with kaurs].
I hate Rap but that just makes me want to dance like St Vitas lol.
Perhaps you could mention about the largest real estate company in China (Vanke) almost going bankrupt. But getting bailed out by the CCP unlike Evergrande and Country Garden who got liquidated.
lol all his opponents are either dead or in prison.
Just an ad
Fucking hell what a channel
I wish I could invest in a UA-cam channel
Miss LED.
Gooooooo🇺🇸🇹🇼🇯🇵🇫🇷🇺🇸🇹🇼🇯🇵🇫🇷🇺🇸🇹🇼🇯🇵🇫🇷🇺🇸🇹🇼🇯🇵🇫🇷👍👍🏻💪💪🏻🤜🤛🏻🎉🥳🎉🎉
Compared to your work, bad job. What you have done is quite astounding. You are pushing content. If that's what you have to do, I get it. Also, your tone changed in relation to china. What do you say.
Unsubscribed
No kidding. How dare he report on factual information. Looks like I found the Evergrande investor. Hodl amirit?
karma
STAY AWAY FROM ALL CHINESE INVESTMENTS.
The US could be thought of as "a territory of China."
=)
Guam of China (or something).
First